Business / Investments in Asia-Pacific

UnionPay expands bank card co-op with Nepal

[2012-09-15 15:34]

China UnionPay reached an agreement with Himalayan Bank, Nepal's largest commercial lender, to further expand the acceptance of CUP bank cards in Nepal.

Huawei demands explanation for ban on bid

[2012-09-14 17:02]

China's Huawei Technologies hasn't been told exactly why it was banned by the Australian government from the build-out of high-speed national broadband network.

Haier chief calms fear over Fisher & Paykel future

[2012-09-12 17:14]

A senior executive of Chinese electrical appliance giant Haier Wednesday moved to calm fears over jobs and manufacturing bases of one of New Zealand's oldest and most reputable whiteware makers as Haier moves ahead with a takeover bid.

China's Haier makes takeover bid for NZ firm

[2012-09-12 16:37]

Chinese home appliance giant Haier Group has made a full takeover offer on New Zealand's Fisher & Paykel Appliances, highlighting a recent buying spree by Chinese companies seeking to expand in overseas markets.

Haier to buy all of NZ firm's shares

[2012-09-12 10:45]

Haier Group announced on Tuesday that it wants to buy all shares in Fisher & Paykel Appliances Holdings Ltd that it does not already hold for NZ$1.20 ($0.97) apiece.

Chinese purchase of NZ dairy farms bogged again

[2012-09-11 15:02]

A Chinese company's controversial bid to buy 16 New Zealand dairy farms has stalled again after a mystery backer agreed to finance another legal appeal against the purchase.

Haier 'may take over' NZ white goods maker

[2012-09-11 10:31]

Haier Group is understood to be considering a full takeover of one of New Zealand's most reputable white goods manufacturers.

Haier co-ops with Singapore firm on logistics network

[2012-09-11 09:44]

China's Haier Group agreed with Singapore's Global Logistic Properties on developing a state-of-the-art logistics network for the distribution of household appliances in China.

Haier may take over NZ home appliance maker

[2012-09-10 14:43]

One of New Zealand's oldest and most reputable whiteware manufacturers announced that China's Haier is considering a full takeover of the company.

Lenovo NEC targets 30% share of Japan PC market

[2012-08-30 09:21]

Lenovo NEC Holdings BV, the $175-million Sino-Japan JV formed last year, is targeting a 30 percent share of the Japanese market within three years.

Lenovo aims to hold 30% Japan's PC market share

[2012-08-29 16:55]

Lenovo NEC Holdings BV said it plans to have a 30 percent share of Japan's personal-computer market within three years.

Hanlong closer to African iron ore mine

[2012-08-29 10:24]

Hanlong, a private Chinese mining firm, on Tuesday said its lower offer in the acquisition of Australia's Sundance Resources has been accepted.

Zoomlion sets up overseas JV with Indian partner

[2012-08-21 17:27]

Chinese construction equipment manufacturer Zoomlion on Tuesday clinched a deal to set up a joint venture plant in India with ElectroMech, India's largest industrial crane manufacturer.

Chinese developer to list Singapore arm on SGX

[2012-08-13 15:09]

Chinese contractor and developer Qingjian Group plans to list its Singapore operations on the mainboard of Singapore Exchange in April next year.

Zijin buys Australian gold mine

[2012-08-08 17:45]

Zijin Mining Group Co Ltd, China's top gold producer by output, said a subsidiary has bought more than 50 percent of Australia-listed Norton Gold Fields.

Vancl moves part of production to Bangladesh

[2012-08-08 16:12]

Online clothes retailer has moved some of its production to Bangladesh, in an effort to reduce costs due to cheaper labor in that country.

Chinese firm plans investment in Cambodia

[2012-08-08 14:30]

China's Hainan Ruijin Investment Holding Group planned to invest in rice plantation, cow farm and tourism development in Cambodia, the group's chairman Pan Xiaoping said Wednesday.

China Taiping Insurance pulls out of NZ market

[2012-08-01 17:30]

China Taiping Insurance (NZ), the New Zealand arm of the Hong Kong-listed insurer, announced Wednesday it was leaving the New Zealand market immediately.

PetroChina signs agreement with Qatar Petroleum

[2012-07-27 18:14]

PetroChina signed an agreement with Qatar Petroleum to acquire from GDF SUEZ Exploration Qatar B.V. 40 percent of the exploration and production rights.

Yingli taps Australian solar market

[2012-07-21 14:08]

A solar energy company based in Hebei province has recently registered a subsidiary in Australia, aiming to tap the fledgling market.

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